They advertise 100% cash to close with only $3000.00 down.You need no experience, they perform no credit check, and the only interview I had with them were to answer some questions like “Do you want financial freedom?”

I'm not sure what market you are in, but assuming it is a smaller one (i.e. not Des Moines) you have an opportunity to be a big fish in a small pond.My grandmother did that in a smaller Midwest town (began 70 years ago) and it worked out very well for her financially and in terms of lifestyle.  

I would ask to see the lease, and financials before going any further to make sure this is a money maker for whoever buys it.

Sellers use agents because there are many legal obligations that have to be completed.  

I'm just not sure if the bank/servicer are obliged to bid the market price minus the Net Value cost factor (15.95%) or the balance of the loan.

Make sure you have a decent CPA and use him/her to help you evaluate financials of apartment buildings etc. aside from just doing your taxes.

If you feel they did exemplary work and want to give them a bonus then do so, but as Matthew said it isn't required.Also - Another key point Matthew brought up: understand the contractor only owes you what was agreed upon in the contract, they are not obligated to do anything above that.

Landlord may, but is not obligated to, attempt to find a replacement tenant under this paragraph

However, there is no downside to putting the verbiage into your filing because you aren't obligated to actually create additional series.

When the crash came, I predicted on FB that by the time this was over, the Greeks would be kissing the whips of their financial overlords after each beating and congratulating each other on having the wisdom to submit to such masterful masters.